Legislative Alert
The fifth relief package has been released by Democratic Leadership in the House of Representatives. In the package is a section on expanding eligibility for the Paycheck Protection Program. At first glance, it appears to open up the PPP to all 501(c) entities. While this is just the first step in what is sure to be a long process, NCA will continue to work toward a successful conclusion. The legislation is H.R. 6800, the HEROES Act and the language can be found on page 821 and 822.
I would like to thank all of you who weighed in with your members of Congress to make this happen. By speaking with one voice, we got our message through. While we have a long way to go, please be sure to reach out to your Representatives and thank them for including all 501(c) organizations in the Paycheck Protection Program.
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About NCA
The National Club Association (NCA) has been the advocate for the private club industry in Washington, D.C., for more than 55 years. As the voice of private clubs on Capitol Hill, NCA ensures that club concerns are forefront when legislative and regulatory issues affecting the industry are being decided. In addition, NCA provides club leaders an outstanding array of resources on club industry trends, governance best practices, legal and operational matters and ways to strengthen club leadership. For more information on NCA, visit nationalclub.org.